- Avg. revenue /month$21,911
- Avg. sessions /month41,681
- Avg. profit /month$6,000
Why this business was started
It is easy to run and generates a passive income without staff, with an unproblematic, understanding group of customers who are loyal to the brand. The business is able to successfully sell items at a high profit margin due to the brand affinity we have focused on over the past year and has since established itself in an industry which was and still has a high barrier to entry.
The business has data on thousands of customers, whom have to date, never been marketed to via Email or nudged to repurchase via Facebook / Google.
The website is well designed, has undergone numerous CRO tests and through its amazing customer service and reputation, has developed a very good understanding of the needs and wants of its customer base.
The business has a very active following on both Facebook, Twitter and Instagram with a combined following of 50,000 in just under a year. It is still growing and is subject to so many more ideas and opportunities to further its growth and scaling.
The reason of selling this business
This business was created and built with the view of selling onwards when the time was right. I believe that time is now. I have been given the opportunity of full-time employment as the head of online for a major fashion brand, which prevents me from running this company. Incidentally, the growth of this business is what lead me to assuming my new position, creating a conflict of interest.
What's involved in running this business
One way in which the new owner can improve the business is to leverage buying items as opposed to dropshipping the entire collection. There are items which sell in 100s, every month which could easily have the buying costs cut by over half if leveraging the third party logistics company which is closely connected to the business, who will do the buying for you and charge a rate of $1 + shipping per sale.
Another way the future owner can improve the business is look to implement cross-selling, up-selling and increasing the AOV per every customer, which has not been tested on the store yet.
Furthermore, leverage the approx. 10,000 email addresses which have been collected for marketing campaigns, that are significantly cheaper than paid social media campaigns, thus increasing the margins.
Traffic and Performance
- Avg. revenue /month$21,911Verified
- Avg. sessions /month41,681Verified
- Avg. profit /month$6,000
- Profit Margin20%
- Avg. sales /month800
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsNot Included
Personal support after saleNot Included
Product photosNot Included
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.